Period
to 20 October 2021

The table below looks at the prevalence of the term Equity Derivative in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Equity Derivative over the 6 months to 20 October 2021 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Equity Derivatives
Central London > City of London
6 months to
20 Oct 2021
Same period 2020 Same period 2019
Rank 166 114 212
Rank change year-on-year -52 +98 +13
Contract jobs citing Equity Derivative 13 3 16
As % of all contract jobs advertised in the City of London 0.33% 0.17% 0.27%
As % of the Miscellaneous category 0.88% 0.47% 0.90%
Number of daily rates quoted 11 2 15
10th Percentile £545 £565 £575
25th Percentile £578 £569 £613
Median daily rate (50th Percentile) £750 £613 £650
Median % change year-on-year +22.45% -5.77% -
75th Percentile £780 £669 £719
90th Percentile £838 £680 £725
Central London median daily rate £750 £700 £650
% change year-on-year +7.14% +7.69% -

Equity Derivative is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,478 642 1,781
As % of all contract IT jobs advertised in the City of London 38.01% 35.69% 30.04%
Number of daily rates quoted 1,097 445 1,367
10th Percentile £381 £306 £311
25th Percentile £489 £413 £425
Median daily rate (50th Percentile) £600 £525 £525
Median % change year-on-year +14.29% - -
75th Percentile £688 £625 £625
90th Percentile £775 £721 £700
Central London median daily rate £600 £525 £525
% change year-on-year +14.29% - -
Number of hourly rates quoted 25 23 33
10th Percentile £8.00 £15.50 £11.35
25th Percentile £20.75 £24.13 £12.76
Median hourly rate £34.50 £36.00 £20.50
Median % change year-on-year -4.17% +75.61% +6.49%
75th Percentile £42.75 £46.00 £23.75
90th Percentile £61.75 £47.75 £48.67
Central London median hourly rate £34.75 £35.50 £20.67
% change year-on-year -2.11% +71.79% +7.35%

Equity Derivative
Job Vacancy Trend in the City of London

Job postings citing Equity Derivative as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Equity Derivative in the City of London

Equity Derivative
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Equity Derivative in the City of London.

Daily rate trend for Equity Derivative in the City of London

Equity Derivative
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Equity Derivative in the City of London over the 6 months to 20 October 2021.

Daily rate histogram for Equity Derivative in the City of London

Equity Derivative
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Equity Derivative in the City of London.

Hourly rate trend for Equity Derivative in the City of London

For the 6 months to 20 October 2021, IT contractor jobs citing Equity Derivative also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Equity Derivative.

1 11 (84.62%) Agile Software Development
1 11 (84.62%) Derivative
2 7 (53.85%) C#
2 7 (53.85%) Banking
2 7 (53.85%) Investment Banking
3 6 (46.15%) Java
3 6 (46.15%) Finance
4 5 (38.46%) Foreign Exchange (FX)
4 5 (38.46%) WPF
5 4 (30.77%) Electronic Trading
5 4 (30.77%) Analytics
5 4 (30.77%) Market Making
5 4 (30.77%) Social Skills
6 3 (23.08%) AngularJS
6 3 (23.08%) Systematic Trading
6 3 (23.08%) Low Latency
6 3 (23.08%) Algorithmic Trading
6 3 (23.08%) Unit Testing
6 3 (23.08%) TDD
6 3 (23.08%) Fixed Income
6 3 (23.08%) HTML
6 3 (23.08%) Unix
6 3 (23.08%) Linux
6 3 (23.08%) SQL
7 2 (15.38%) .NET
7 2 (15.38%) Python
7 2 (15.38%) OOD
7 2 (15.38%) OO
7 2 (15.38%) Equities
7 2 (15.38%) Middleware

Equity Derivative
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Communications & Networking
1 1 (7.69%) HTTP
Database & Business Intelligence
1 2 (15.38%) KDB
Development Applications
1 2 (15.38%) TeamCity
General
1 7 (53.85%) Banking
1 7 (53.85%) Investment Banking
2 6 (46.15%) Finance
3 4 (30.77%) Social Skills
4 2 (15.38%) Analytical Skills
4 2 (15.38%) Financial Institution
4 2 (15.38%) Front Office
5 1 (7.69%) Prime Brokerage
Job Titles
1 9 (69.23%) Developer
2 3 (23.08%) Analyst
2 3 (23.08%) Business Analyst
2 3 (23.08%) Java Developer
3 2 (15.38%) .NET Developer
3 2 (15.38%) Agile Business Analyst
3 2 (15.38%) C# .NET Developer
3 2 (15.38%) C# Developer
3 2 (15.38%) C# WPF Developer
3 2 (15.38%) Front End Developer (Client-Side Developer)
3 2 (15.38%) Python Developer
3 2 (15.38%) Senior Developer
3 2 (15.38%) Senior Java Developer
3 2 (15.38%) WPF Developer
4 1 (7.69%) Banking Analyst
4 1 (7.69%) Front End Web Developer (Client-Side Developer)
4 1 (7.69%) Investment Banking Business Analyst
4 1 (7.69%) Technical Analyst
4 1 (7.69%) Technical Business Analyst
4 1 (7.69%) Web Developer
Libraries, Frameworks & Software Standards
1 5 (38.46%) WPF
2 3 (23.08%) AngularJS
2 3 (23.08%) HTML
3 2 (15.38%) .NET
3 2 (15.38%) .NET Framework
3 2 (15.38%) Apache Flex
3 2 (15.38%) HTML5
3 2 (15.38%) LINQ
3 2 (15.38%) Middleware
3 2 (15.38%) React
3 2 (15.38%) Unity DI Container
4 1 (7.69%) Node.js
4 1 (7.69%) Swing
Miscellaneous
1 11 (84.62%) Derivative
2 5 (38.46%) Foreign Exchange (FX)
3 3 (23.08%) Fixed Income
4 2 (15.38%) Equities
5 1 (7.69%) Contract for Difference
5 1 (7.69%) N-Tier
5 1 (7.69%) Synthetic Equity
Operating Systems
1 3 (23.08%) Linux
1 3 (23.08%) Unix
Processes & Methodologies
1 11 (84.62%) Agile Software Development
2 4 (30.77%) Analytics
2 4 (30.77%) Electronic Trading
2 4 (30.77%) Market Making
3 3 (23.08%) Algorithmic Trading
3 3 (23.08%) Low Latency
3 3 (23.08%) Systematic Trading
3 3 (23.08%) TDD
3 3 (23.08%) Unit Testing
4 2 (15.38%) Business Analysis
4 2 (15.38%) Continuous Delivery
4 2 (15.38%) Data Analysis
4 2 (15.38%) DevOps
4 2 (15.38%) Investment Management
4 2 (15.38%) MVVM
4 2 (15.38%) OO
4 2 (15.38%) OOD
4 2 (15.38%) SDLC
4 2 (15.38%) Software Testing
4 2 (15.38%) Wealth Management
Programming Languages
1 7 (53.85%) C#
2 6 (46.15%) Java
3 3 (23.08%) SQL
4 2 (15.38%) Kotlin
4 2 (15.38%) Python
5 1 (7.69%) JavaScript
5 1 (7.69%) TypeScript
Quality Assurance & Compliance
1 2 (15.38%) EMIR
Systems Management
1 2 (15.38%) Kubernetes